Hil Industries Bhd (XKLS:8443) Inventory Turnover : 0.17 (As of Jun. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Hil Industries Bhd Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Hil Industries Bhd's Cost of Goods Sold for the three months ended in Jun. 2024 was RM42.8 Mil. Hil Industries Bhd's Average Total Inventories for the quarter that ended in Jun. 2024 was RM248.4 Mil. Hil Industries Bhd's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hil Industries Bhd's Days Inventory for the three months ended in Jun. 2024 was 529.32.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Hil Industries Bhd's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 3.99.

Hil Industries Bhd Inventory Turnover Historical Data

The historical data trend for Hil Industries Bhd's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hil Industries Bhd Inventory Turnover Chart

Hil Industries Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

0.53

0.52

0.58

0.68

0.78

Hil Industries Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Inventory Turnover	Get a 7-Day Free Trial															0.16	0.19	0.21	0.23	0.17

Hil Industries Bhd Inventory Turnover Calculation

Hil Industries Bhd's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	141.505	/ (	(181.21	+	180.961)	/	2 )
=	141.505	/	181.0855
=	0.78

Hil Industries Bhd's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	42.819	/ (	(187.189	+	309.579)	/	2 )
=	42.819	/	248.384
=	0.17

Hil Industries Bhd (XKLS:8443) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Hil Industries Bhd's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	248.384	/	42.819	*	365 / 4
	=	529.32

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Hil Industries Bhd's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	248.384	/	62.229
	=	3.99

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Hil Industries Bhd Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Hil Industries Bhd's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Hil Industries Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hil Industries Bhd (XKLS:8443) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 3, Jalan Lada Sulah 16/11, Section 16, Shah Alam, SGR, MYS, 40000

Website

https://www.hil.com.my

Hil Industries Bhd is a manufacturer and seller of industrial and domestic moulded plastic products. The company's reportable segment include: Manufacturing; Property development and management; and Trading, services and others. The Manufacturing segment engages in the manufacture and sale of industrial and domestic moulded plastic products. The Property development and management segment is involved in the development of residential, commercial and light industrial properties, and letting out of properties and provision of property management services. Trading, services and others segment includes general trading. The company generates key revenue from the Manufacturing segment. It has a business presence in Malaysia, the PRC and Taiwan.

Hil Industries Bhd Headlines

No Headlines